Cheap Money 'Fix' Puts Euro Zone on Track for 'Japanization': Analyst
August 14, 2012 at 08:02 AM EDT
The member states of the euro zone have become addicted to central bank funding and are on course for years of prolonged stagnation, similar to that seen in Japan in the 1990s, according to Nick Beecroft, Chairman and Senior Market Analyst at Saxo Capital Markets UK.
